Answer:
The Journal entries are as follows:
(a) On March 1,
Petty cash A/c Dr. $1,000
To cash $1,000
(To record petty cash fund)
(b) On April 1,
Repairs Expense A/c Dr. $600
Miscellaneous Selling Expense A/c Dr. $56
To Cash Short and Over $29
To cash $685
(To record cash short and over account.)
Notes:
Cash Short and Over = 1000 - (600 + 56 + 315)
= $29
Answer: $240,000
Explanation:
400,000÷20,000 = $20 per share (repurchase price)
160,000 ÷ 10,000 = $16 per share (sales price)
$400,000 - $160,000 = $240,000
The treasury stock account is created upon the repurchase of a company's own stock. The treasury stock account is debited for cost of repurchase and then credited.back when the stocks are resold. However, after repurchasing 20,000 stock for 400,000 and selling hlaf the repurchased stock (10,000) for $160,000, then the repurchase price is greater than the sales price. There will be no paid in capital, with the entire amount credited to treasury stock.
Answer:
The price of Techno Company stock will Increase
Explanation:
Answer:
c. consumption falls now and production rises later
Explanation:
Income [Y] is the total factor income earned by factors of production productive services, for economic activity.
Income earned is either consumed or saved .
Income [Y] = Consumption [C] + Saving [S]
- So, increase in savings rate & savings - reduces the consumption.
Savings are done for contingencies, for expanding economic activities later - by investment. In a simple economy model,
Savings [S] = Investment.
- So, savings increase investment & production capacity later.
The food handler must call the emergency medical service so that the patient can be seen as soon as possible and avoid a serious medical risk.
<h3>What is an allergy?</h3>
It is a term that refers to a set of alterations in the body that can affect the systems
- Respiratory
- Nervous
- Immunological
Allergies generally occur when the body has an extreme sensitivity to a substance to which it has been exposed, and that under normal conditions do not cause these alterations.
According to the above, the best way to treat an allergy is to call the emergency medical system because the patient's allergic reaction can be severe and cause choking or other serious symptoms that can cause death.
Learn more about allergies in: brainly.com/question/4168996